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  • Price cut: $10K (6/26)
    $315,000

    17425 State Road 37, Harlan, IN 46743

    7beds
    4,042sqft
    : 
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    Quadruplex
    Built in 1900
    -- sqft lot
    $303,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ample off-street parking
    PRICE IMPROVEMENT! Investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. All units are currently occupied, providing instant cash flow. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.
    120 days
    |
    398
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lori DePew 260-438-5308,

    Open Door Rentals and Real Est

    Source: IRMLS,MLS#: 202609539MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Mixed
      • Basement: Partial,Sump Pump
      Interior area
      • Total structure area: 4,349
      • Total interior livable area: 4,042 sqft
      • Finished area above ground: 4,042
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: Off Street Parking
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 8,568 Square Feet
      • Dimensions: 57x150
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 020428353016.000062

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Harlan

      Financial & listing details

      • Annual tax amount: $3,663
      • Date on market: 3/23/2026
      • Inclusions: Building, Land
      • Lease term: 12 Months
      • Total actual rent: 36480
      • Tenant pays: Electricity, Fuel, Sewer, Trash Collection, Water

        Estimated market value

        $303,400

        $288,000 - $319,000

        $1,094/mo

        Price history

        DateEventPrice
        6/26/2026Price change$315,000-3.1%
        Source: IRMLS #202609539 Report a problem
        3/23/2026Price change$325,000+38.3%
        Source: IRMLS #202609539 Report a problem
        6/22/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/30/2023Listed for rent$850
        Source: Zillow Rentals Report a problem
        9/9/2021Pending sale$235,000
        Source: IRMLS #202123474 Report a problem
        8/18/2021Price change$235,000-1.7%
        Source: IRMLS #202123474 Report a problem
        7/23/2021Listed for sale$239,000
        Source: IRMLS #202123474 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46743

        Getting around

        29 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Woodlan
        • Middle: Woodlan
        • High: Woodlan
        • District: East Allen County

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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